Vietnam stocks drop again as many are spooked by arrest of executives

HANOI, April 26 (Reuters): Vietnam stocks extended falls on Tuesday to hit the lowest levels since July last year, as traders cited concerns about US monetary tightening, Covid-19 lockdowns in neighbouring China and the arrest of local executives in an anti-graft drive.

The country's benchmark index fell as much as 3.6% in early trading on Tuesday to 1,263, the weakest level since July, before recovering slightly.